Here are the companies Yahoo Finance is watching today.
More trouble for Elon Musk and Tesla (TSLA). Analyst Dan Ives at Wedbush just cut his price target to $230, saying "the clouds are getting darker" at Tesla. And he says he has "major concerns" over the company's growth and underlying demand. Last week, Elon Musk told staff he'd be checking every expense as they burn through cash.
Goldman Sachs (GS) is looking to get into the hotel game. The company says it's in talks to buy B-and-B hotels from a private equity firm, PAI Partners. The deal could be worth more than 2-billion dollars. B-and-B runs a network of 476 hotels -- and sales topped half a billion dollars last year.
Europe's biggest low-cost airline, Ryanair (RYAAY), is warning shareholders that the grounding of Boeing’s 737 Max planes is hurting its business. The Irish carrier said it's facing higher costs after experiencing a delay in getting new MAX jets. This comes less than five month after the planes suffered two fatal crashes in Indonesia and Ethiopia.
Nike (NKE) is making some changes after getting backlash for freezing the pay of female athletes during pregnancy. The company will now include written terms in its contracts to guarantee female athletes keep getting paid, even if they take time off to have kids. In an Op-Ed last week, runner Ah-lee-see-uh Montanyo said she left Nike after it paused her contract during her pregnancy.
John Wick 3 is dominating at the box office for Lionsgate (LGF-A). The third sequel of the Keanu Reeves franchise ended "Avengers: Endgame's" three-week reign by making an estimated $57 million in its opening weekend. That's double what the franchise brought in for the opening of its second film in 2017.